Bahwan CyberTek, a
leading global provider of innovative IT products & solutions, has been
included by Gartner in their recently published report on ‘Choosing the Right
Vendor for Payment Modernization Initiatives' authored by Mary Knox and
Christophe Uzureau.
According to the
Gartner report, the scope of Banks' modernization initiatives may “range from
the upgrade of single payment functionality to the design of a payment services
hub, involving a rethink of payment workflows.” This report says “Identifying
lead vendors for a payment modernization initiative is challenging and risky.
This research, based on an analysis of available payment software, will help
CIO’s and heads of payments navigate this complex marketplace.”
Mr. S. Durgaprasad,
Co-Founder & CEO of Bahwan CyberTek said, "We feel being included by
Gartner is a testimony of our capability towards building a strong end-to-end
payment solution backed by strong industry expertise, right domain knowledge,
tools and methodologies. We have successfully delivered complex programs,
consolidated operations and delivered efficiency benefits resulting in value
for our customers.”
The report
categorizes payment vendors into 4 categories – Domain-specific Payment-Related
Solution Vendors, Dedicated Payment Solution Providers, Financial Services
Application Providers and Infrastructure and Supporting Technology Vendors.
BCT has been
positioned in the Infrastructure and Supporting Technology Providers Space,
also offering Domain-specific solution.“Vendors in this segment include those
selling financial messaging platforms, underlying enterprise service buses or
other general middleware, data integration and data quality, message and data
transformation tools, BPM tools, B2B gateway providers or discrete
functionality such as reconciliations, exception processing, fraud, risk, or
client onboarding.”
About the Gartner Report
Gartner does not
endorse any vendor, product or service depicted in its research publications,
and does not advise technology users to select only those vendors with the
highest ratings.
Gartner research
publications consist of the opinions of Gartner's research organization and
should not be construed as statements of fact. Gartner disclaims all
warranties, expressed or implied, with respect to this research, including any
warranties of merchantability or fitness for a particular purpose.
About Bahwan CyberTek
Bahwan CyberTek
(BCT), established in 1999, is a global provider of innovative software
products and services. A CMMi Level-5 Ver 1.3 organization, with 550+ customers
and 2000+ professionals, BCT excels in Product Development, Middleware and
Integration, Business Process Management, Systems Integration, Business
Intelligence, Independent Testing, BPO, Training, Consulting and Infrastructure
Management.
BCT’s other focus
verticals include BFSI, Government, SCM & Manufacturing and Life Sciences.
BCT enjoys the highest level of partnership with Oracle, SAP, IBM, FRS Global,
DHL and other leading business and technology companies. BCT has delivered solutions
in twenty countries across North America, Middle East, Far East, Africa and
Asia.
BCT’s innovative IP
offerings - the Cuecent Suite - comprises a leading edge integration-centric
Business Process Management platform, Enterprise Service Bus, Intelligent
Business Enablers for Real-time Decision Support, National Payment Systems,
Business Licensing, Utility Bill Payments and a host of enterprise business and
real-time solutions.
For further
information, please contact
Ms. Kavitha KK at
kavithakk@bahwancybertek.com (or) satyanbhatt@prism-india.com.
Mr. Arpit, Prism PR
044 - 2466 1153, info@prism-india.com
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